Friday, October 2, 2009

Fast Facts

Calif. Median Home Price – Aug. 09: $292,960

Calif. Highest Median Home Price by C.A.R. Region August 09: Santa Barbara So. Coast - $828,750

Calif. Lowest Median Home Price by C.A.R. Region August 09: High Desert $111,770

Calif. First-Time Buyer Affordability Index – Second Quarter 2009: 67%

Mortgage Rates – Week Ending 9/24/09:
30 Year Fixed - 5.04% Fees/Points - 0.6%
15 Year Fixed- 4.46% Fees/Points - 0.6%
1 Year Adjustable – 4.52% Fees/Points - 0.6%

Source: California Association of Realtors and Freddie Mac

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